Rise in Profits Expected for Immofinanz

Published: December 19, 2011; 18:10 · (Vindobona)

Tomorrow, on Tuesday, the Austrian real estate company presents its results for the second quarter. EBIT should rise significantly.

Rise in Profits Expected for Immofinanz / Picture: © Immofinanz

Immofinanz will publish its results for the second quarter as last listed company for the current year. Due to the revaluation of Russian properties and the finished Silesia City Center in Poland, EBIT is expected to increase substantially. RCB sees Immofinanz´ EBIT at € 125.1m after €98.0m in Q1 and € 26.4m in Q2 2010). Including revaluation profits, EBIT shold reach € 405.1m…

This article includes a total of 147 words.

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